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    1236 Michigan Ave Saginaw, MI 48602

    Sponsored
    For Sale
    $249,500

    Prime Medical Office, Excellent Location

    Property size:
    2,456 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,456 square foot medical office building is situated at 1236 N Michigan Ave, Saginaw, MI 48602. Built in 1966 and renovated the same year, this two-story building sits on a 0.27-acre lot and features four exam rooms, a private doctor's office, a waiting area, and a reception area. The full basement provides abundant storage with existing record shelving. A unique feature is the private living space located on the second floor, accessible via a separate entrance. The property is zoned COMMERCIAL IMPROVED (RMU ZONING) and includes a separate parking lot (APN: 14 0292 00100

    Property Features for 1236 Michigan Ave

    General Information

    Property type
    Medical offices
    Square Feet
    2,456 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built/Renovated
    1966/1966
    Buildings
    1
    Stories
    2

    HighLights

    • High‑demand medical office space in prime hospital proximity.
    • Ample basement storage.
    • Second‑floor apartment included above office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Galsterer E George ... Obstetrician-Gynecologist E G Galsterer Obstetrician-Gynecologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.953055282454
    Latitude
    43.42594738163

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Excellent Location
    Where is this medical office located?
    The property is located at 1236 Michigan Ave Saginaw, MI.
    What is the asking price?
    The asking price for this property is $249,500.
    What are key features of this property?
    This property features: High-demand medical office space in prime hospital proximity.; Ample basement storage.; Second-floor apartment included above office space.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1236 Michigan Ave Saginaw, MI 48602
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